Back 1117 N Dearborn St
Off Market

1117 N Dearborn St

Indianapolis IN 46201

6055 sq. ft.
Duplex
Last sold for $260,000
Kyle HoffmanKyle Hoffman, last sold this property on 25 September 2026 after 47 days on market.

Overview

House hack or add another income-producing property to your portfolio with this 3 bed, 1.5 bath per side duplex at 1117-1119 N Dearborn St. The 1117 side is already leased at $1,345/month through 10/31/26, giving a buyer immediate rental income from day one. The vacant unit creates flexibility to move in and let the neighboring rent offset your housing costs, or lease both sides and operate the property as a traditional cash-flowing rental. With one side already stabilized and the other vacant and ready for occupancy or lease-up, this is a strong opportunity for both owner-occupant investors and landlords looking to expand their portfolio.

Features

6055 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar duplexes sold in Indianapolis over the last 12 months, the estimated median property value of 1117 N Dearborn St is $215k.

Median value
$215k
Estimated value range
$20k - $700k
Median days on market
22
Estimated value trend
27%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Indianapolis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1117 N Dearborn St

2026
Sold
$260,000
25 Sep 2026 by Kyle Hoffman, of @properties
2023
Sold
$202,500
25 Oct 2023 by Ryan Rominger, of Compass Indiana, LLC
2019
Sold
$70,000
18 Mar 2019 by Janis Smith, of Platinum Real Estate Group LLC

Happy sellers in Indianapolis

84%
84% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Indianapolis over the last 12 months.

Local market activity for duplexes in Indianapolis

In the last 12 months, 146 duplexes similar to 1117 N Dearborn St, have been sold.

This represents a 17% increase in duplexes sales when compared to the previous 12 months.

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